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Europe Economy: 
German Import Prices Advance 1.1% in February
Author: 123jump.com Staff
123jump.com
Last Update: 12:48 PM EDT March 28 2008



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As reported by the Federal Statistical Office (Destatis), in February 2008, the index of import prices increased by 5.9% from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since July 2006 (+6.3%). In January 2008 and in December 2007 the annual rates of change were +5.2% and +3.7%, respectively.

 
This is the unedited press release from Statistisches Bundesamt Deutschland


WIESBADEN – As reported by the Federal Statistical Office (Destatis), in February 2008, the index of import prices increased by 5.9% from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since July 2006 (+6.3%). In January 2008 and in December 2007 the annual rates of change were +5.2% and +3.7%, respectively. The index of import prices, excluding crude oil and mineral oil products, was 1.6% above the level of February 2007.

From January 2008 to February 2008 the index of import prices rose by 1.1%.

The index of export prices increased 2.2% in February 2008 from the corresponding month of the preceding year. In January 2008 and in December 2007 the annual rates of change were +1.8% and +1.3%, respectively. From January 2008 to February 2008 the index rose by 0.6%.


Available at:

http://www.destatis.de/jetspeed/portal/cms/Sites/destatis/Internet/EN/press/pr/2008/03/PE08__130__614,templateId=renderPrint.psml
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